Revenue segments as reported by the company.

Service

Product

Real estate services

Rentals

Mortgage

Other

Corporate overhead

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Marketing

Restructuring and reorganization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Redfin

Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q4 2024

Redfin surpasses revenue expectations, eyes digital growth for profitability

Redfin's Q4 2022 performance exceeded revenue expectations and showcased financial stability. The company is strategically shifting towards higher-margin revenues and focusing on digital businesses for growth.
While facing challenges such as market share loss and increased expenses, Redfin is leveraging opportunities in high-margin digital revenue and repeat customer sales. The company's emphasis on partner agents and cost control strategies bodes well for future profitability.
Overall, Redfin's hybrid model, emphasis on digital growth, and commitment to enhancing customer experience position it for positive adjusted EBITDA in 2023 and net income in 2024.

Redfin exceeds Q1 revenue expectations, focuses on regaining market share

Redfin's Q1 performance exceeded expectations, with a focus on regaining market share and improving profitability. The company faces challenges in declining revenue and fierce competition in the mortgage market. However, opportunities exist in creating demand through innovative pricing and targeting luxury buyers.

Redfin reports revenue growth and partnerships driving future profitability

Redfin's Q2 2023 performance showed revenue growth and improved margins.
While facing market share challenges, Redfin's strategic partnerships and tech investments offer growth potential.
Opportunities lie in achieving profitability, enhancing customer experience, and expanding market share.

Redfin reports resilient Q3 earnings, eyes growth through digital strategies

Redfin's Q3 2023 performance showcased resilience, profitability, and strategic capital raising amidst market challenges.
Strengths in market share gains, digital strategies, and agent recruitment initiatives position Redfin for growth.
Challenges include achieving EBITDA breakeven, managing costs, and executing expansion plans effectively.
Opportunities in market expansion, agent recruitment, and digital business growth offer avenues for future success.

Redfin reports Q4 mixed results, eyes growth in mortgages and digital margins

Redfin's Q4 performance showed mixed results with revenue growth but net loss. Strengths lie in visitor growth, AI integration, and improving mortgage attach rates. Challenges include potential rate drops and long-term housing supply issues. Opportunities exist in revenue growth, EBITDA breakeven, and mortgage business expansion.

Redfin reports robust Q2 earnings, eyes growth amid challenges

Redfin delivered a strong performance in Q2, exceeding revenue expectations and showcasing profitability improvements.
While facing challenges in margin management and recruitment, Redfin's focus on efficiency and digital transformation bodes well for the future.
Opportunities lie in expanding Rental segment growth, optimizing Redfin Next, and exploring new revenue streams.
Overall, Redfin's strategic initiatives position the company for continued success amidst market uncertainties.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Redfin Corp. engages in the management of an online real estate marketplace and provision of real estate services. It operates through the following segments: Real Estate Services, Rentals, Mortgage, Other, and Corporate Overhead. The company was founded by David Selinger, David Eraker, and Michael Dougherty in October 2002 and is headquartered in Seattle, WA.

Zillow

These two companies are all in on the so-called "iBuying" business, but can it be profitable?

Can Zillow and Redfin Make Money Buying and Selling Houses?

Avalara Inc

Chewy

Maxar Technologies

Stocks continue to rotate this week between good days and bad days. Today was one of the good days, as the S&P and Nasdaq hit intraday records on stimulus hopes.

Top Stocks To Short Today As Stimulus Hopes Send Nasdaq To Record Highs

Redfin (RDFN) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Redfin (RDFN) Looks Good: Stock Adds 7.7% in Session

This disruptor is winning customers, but could its stock be a winner for you?

Redfin Stock Has Doubled This Year. Is It a Buy?

SEATTLE, Dec. 9, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: Piper Sandler P.S. It's Friday Series: The Future of Home & Housing Friday, December 11, at 11:00 a.m. ET Link to...

Redfin to Present at Piper Sandler P.S. It's Friday Series: The Future of Home & Housing

Redfin will launch its iBuyer service RedfinNow in Seattle and the Bay Area in the latest expansion of the company's home-buying and selling product.

Redfin expands RedfinNow to Seattle and Bay Area in new litmus test for iBuyer service

"Today, we are definitely inventory-constrained. There aren't enough homes for people to buy," Redfin CEO Glenn Kelman told CNBC.

Redfin CEO says the booming Covid housing market can get even hotter

Hannon Armstrong Sustainable Infrastructure Capital

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Uniti Group

American Tower

You don't have to be an agent or a landlord to make money in real estate. Get in on these real estate stocks before the end of the year.

7 Real Estate Stocks to Tour Before Year's End

SEATTLE, Dec. 4, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 16% year over year to $322,828, the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key housing market takeaways...

Pending Sales Return to Typical Seasonal Trend, Still Up 28% From 2019

I believe even the most bullish analysts are under-estimating Redfin's 2021 earnings. I think Redfin will post a clear profit instead of a consensus loss. Analysts are estimating Redfin's quarterly earnings based on normal seasonal trends. But Covid has shifted demand upward into early 2021, fueling revenue and earnings beats in Q1 and Q2.

Redfin: Predicting A Surprise Profit In 2021

Is (RDFN) Outperforming Other Finance Stocks This Year?

Has Redfin (RDFN) Outpaced Other Finance Stocks This Year?

How does this real estate company stack up against its more aggressive rival?

Redfin Is Real Estate's Cautious Growth Story

SEATTLE, Nov. 25, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The typical single-family home that sold in the U.S. this year was purchased for an average of 17.3% more ($58,000) than the typical condo, according to a new report from Redfin (www.redfin.com), the technology-powered real estate...

Condos Are Selling for a Record 17% Discount to Single-Family Homes as the Coronavirus Fuels Demand for Space

A look at how the real estate company has survived during very unusual conditions.

How Redfin Has Weathered the Pandemic

SEATTLE, Nov. 24, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 28.5% of Redfin.com users looked to move to another metro area in October, up from 24.9% a year before and a slight decline from 29.2% in the third quarter. This is according to a new report from Redfin (redfin.com), the...

There's Been a 70% Uptick in Redfin.Com Users Looking to Relocate to Sacramento and Las Vegas Since Last Year

SEATTLE, Nov. 24, 2020 /PRNewswire/ -- (NASDAQ: RDFN) -- Pageviews of homes in rural areas increased 235% year over year in October, a large increase but still a deceleration from a 273% peak in August, according to a new report from Redfin (www.redfin.com), the technology-powered real...

Home Searches in Cities Up 200% From Last Year, Reflecting Renewed Interest in Urban Areas After Pandemic-Driven Drop

Zillow and Redfin's business models are converging as each move to buy and sell houses directly. As Zillow's Instant Offers and Redfin's RedfinNow programs grow, traditional valuation metrics become problematic.

Zillow Vs. Redfin: A Valuation Comparison Using Visitor Metrics

As the company's business continues to evolve, what does the future hold for Redfin?

What to Look for From Redfin Over the Next 5 Years

The real estate company offers a lot of ways to win.

Here's the Business That Will Catapult Redfin Higher

Seattle-based real estate tech company Redfin is applauding action taken by the U.

Redfin applauds Department of Justice action to make buyer agent commissions public

Real estate has come soaring back after an initial pandemic-related slide.

Here's Why Redfin's Business Has Surged in 2020

Skyworks Solutions

These three stock picks may not be the first that come to mind, but they are worthy of attention.

3 Stocks to Invest in Virtual/Augmented Reality

SEATTLE, Nov. 17, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Just under a third (30%) of Americans said that protests in major cities have made them want to move away from where they currently live, or have changed where they want to move to, according to a new report from Redfin (redfin.com),...

Redfin Survey: 30% of Americans Want to Live Somewhere Else Due to Protests

The online brokerage is using technology to change real estate.

How Redfin Is Navigating the Coronavirus Pandemic

SEATTLE, Nov. 13, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — 56.8% of Redfin offers on homes nationwide faced competition in October, little changed from September's revised rate of 57.4%, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. While...

News for Redfin Stock (RDFN)